NSE : JUBILANT FOODWORKS
CMP - 472.6
VIEW - bullish / long
ANALYSIS - Technical
A bull divergence on daily MACD indicator with higher lows is contrast with price
action of lower lows indicating a divergence.
Breaking of bearish trendline indicates a potential trend change with double bottom formation
Target - 519-525
stoploss - below 407-415 closing basis
timeframe : 12 weeks
disclaimer: it is a educational purpose publication and not a trading recommendation.
CMP - 472.6
VIEW - bullish / long
ANALYSIS - Technical
A bull divergence on daily MACD indicator with higher lows is contrast with price
action of lower lows indicating a divergence.
Breaking of bearish trendline indicates a potential trend change with double bottom formation
Target - 519-525
stoploss - below 407-415 closing basis
timeframe : 12 weeks
disclaimer: it is a educational purpose publication and not a trading recommendation.
Trade active
trailing sl 475 .Note
made high 497 but closed at 480. waiting for weekly closing above 490
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.